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#20908157, Michelle Salvetti, Listing office: United Real Estate
$2,900,000 List price
1501 Chancellor Ln Mckinney, TX 75072
7 beds
7 full, 1 partial
9,562 sqft
1.5 acres
$303 / sqft
House
Property details
About 1501 Chancellor Ln
Receive a 1% CREDIT toward closing costs or rate buydown when you finance with our preferred lender. Stunning custom estate in Chancellor Creek, just minutes from Stonebridge Ranch Country Club! Situated on a private 1.49-acre lot, this 6-bed, 4.5-bath home offers over 9,000 sq ft of luxury living with soaring ceilings, hardwood floors, a chef’s kitchen with built-in fridge and double ovens, spacious primary suite, media room, wet bar, and multiple living areas. Enjoy a resort-style backyard with heated saltwater pool, spa, cabana, and covered patio—perfect for entertaining. Includes a 6-car garage with golf cart bay, circular drive, and zoned to top-rated McKinney ISD. Property also features a separate full guesthouse with its own kitchen and living space—approximately 4,500 sqft—ideal for rental income, multigenerational living, or guests. A rare opportunity in one of McKinney’s most desirable communities!
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size9,562 sqft
Lot size1.497 Acres
Year built2003
ParkingCircular Driveway, Golf Cart Garage
MLS #20972907
Attached garage6 spaces
FireplaceGas
Virtual tour
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 7
- Appliances: Dryer, Dishwasher, Gas Cooktop, Disposal, Gas Oven, Gas Range, Ice Maker, Wine Cooler
- Basement: No
- Interior: Decorative/Designer Lighting Fixtures, Eat-in Kitchen, In-Law Floorplan, Kitchen Island, Pantry, Cable TV, Walk-In Closet(s)
- Fireplace: Gas
- Total Bedroom Count: 7
- Garage Space: 6 spaces
- Attached Garage: Yes
- Parking: Circular Driveway, Golf Cart Garage
- Architectural Style: Detached
- Heating: Central
- Cooling: Central Air
- List Price: $2,900,000
- Price/SqFt: $303
- HOA Amount: $800 Annually
- Annual Tax Amount: $25,803
- Tax Year: 2024
- Directions: GPS friendly!
- Year Built: 2003
- Living Area: 9,562 SqFt
- Lot Size: 1.497 Acres
- MLS Number: 20972907
- MLS Name: NTR
- Office Name: eXp Realty LLC
- Office Phone: (888) 519-7431
- Listing Agent: Somah Sadiq
©2025 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
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Last updated on: 7/16/2025, 11:45:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $2,310,504 | $25,803 |
| 2023 | $1,859,300 | $27,269 |
| 2022 | $1,572,783 | $27,269 |
| 2021 | $1,266,874 | $27,483 |
| 2020 | $1,250,295 | $27,970 |
History based on county public records data.
Nearby schools
8
Walker Elementary School
Public District KG-5
0.7 mi
•4000 Cockrill Dr
6
Valley Creek Elementary School
Public District KG-5
1.0 mi
•2800 Valley Creek Trl
5
McNeil Elementary School
Public District KG-5
1.5 mi
•3650 S Hardin Blvd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $99,502. Most Mckinney, TX residents have annual incomes between $35k-100k. Typical family type is married, with kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
14%
<35k
36%
35k-100k
36%
100k-200k
14%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
28%
Single, No Kids
11%
Single, with Kids
21%
Married, No Kids
40%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
23%
<11 yrs old
12%
12-17 yrs old
19%
18-34 yrs old
41%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
Soccer
Tennis
Skiing/snowboarding
Where do the neighbors shop?
The Container Store
Brooks Brothers
Nordstrom
Where do the neighbors go to eat?
Starbucks
Qdoba
California Pizza Kitchen
What do the neighbors drive?
BMW
Acura
Infiniti
What do the neighbors listen to?
Alternative
Sports
Talk/Personality
All data provided by Home Junction and Claritas
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Backup offersTour
#20982606, Jill Lee, Chris Harden, Listing office: RE/MAX Four Corners
Frequently asked questions
About 1501 Chancellor Ln
The listing price of 1501 Chancellor Ln property is $2,900,000.
The property 1501 Chancellor Ln is a house located in Mckinney, Texas, 75072.
Active Listing: 1501 Chancellor Ln is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1501 Chancellor Ln are: Walker Elementary School (GreatSchools Rating 8/10), Valley Creek Elementary School (GreatSchools Rating 6/10), McNeil Elementary School (GreatSchools Rating 5/10), Cockrill Middle School (GreatSchools Rating 8/10), Dowell Middle School (GreatSchools Rating 7/10), Faubion Middle School (GreatSchools Rating 7/10), Imagine International Academy of North Texas (GreatSchools Rating 9/10), McKinney Boyd High School (GreatSchools Rating 7/10), McKinney High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2024 is $25,803 (source: MLS/based on county public records data).
The property at 1501 Chancellor Ln has 7 bedrooms and 7 full and 1 half bathrooms.
The property 1501 Chancellor Ln is 9,562 SqFt (source: MLS/tax record).
The year of construction for 1501 Chancellor Ln is 2003.
This home is located at 1501 Chancellor Ln in Mckinney, TX and zip code 75070 in the Winding Creek neighborhood. This 9,562 square foot home, which was built in 2003, sits on a 1.50 acre lot. Features: 7 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since June 17, 2025 and is currently priced at $2,900,000.
Over 0 listings were sold over their listed price in June 2025 in Mckinney, TX. In the same period over 0 listings were sold below the listed price and 1 listings were sold for the listed price. The number of listings in Mckinney, TX increased by 9% between May and June 2025.
From Rocket Homes Real Estate and based on county public records data.